U-Del Credit Union

U-Del Credit Union is headquartered in Newark and is the 16^st largest credit union in the state of Delaware. It is also the 4,004^th largest credit union in the nation. It was established in 1968 and as of December of 2011, it had grown to 3 employees and 2,069 members. U-Del Credit Union has a 5-star health rating.

U-Del Credit Union Savings Account Rates

U-Del Credit Union CD Rates

Data for Q4 2011

Institution Statistics U-DEL NCUA # 18947 BankRate Report View Year Chartered 1968 Employees 3 Primary Regulator Assets and Liabilities Assets $14.81 million Loans $4.85 million Deposits $12.71 million Equity Capital $2.06 million Loan Loss Allowance $50,000 Unbacked Noncurrent Loans $48,000 Historic Data - December 2010 Assets $14.49 million Equity Capital $2.04 million Loan Loss Allowance $52,000 Unbacked Noncurrent Loans $87,000 Profit Margin - Quarterly Net Interest Margin 6.89% Return on Assets 0.17% Return on Equity 1.21% Interest Income $447,000 Non-Interest Income $4,000

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 U-Del Credit Union had $48,000 in non-current loans and owned real-estate with $2.11 million in equity and loan loss allowances on hand to cover it. This gives U-Del Credit Union a Texas Ratio of 2.28% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for U-Del Credit Union decreased significantly from 4.17% as of December 31, 2010 to 2.28% as of December 31, 2011, resulting in a positive change of 45.40%.This indicates that the balance sheet and financial strength for U-Del Credit Union has improved significantly in recent periods. Deposit Growth In the past year, U-Del Credit Union has increased its total deposits by $319,000, resulting in 2.57% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth U-Del Credit Union has shown is above average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. U-Del Credit Union has $14.81 million in assets with $2.11 million in equity, resulting in a capitalization level of 14.24%, which is excellent.

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